Apple may have sold upwards of 60 million iPhones over holiday quarter

With Apple set to report first quarter financial results next week, many Cupertino-watching analysts are predicting the company to have sold a record number of iPhones during the 3-month period that ended late December.

Each of the 44 analysts whose predictions have been collated by Fortune's Philip Elmer-Dewitt foresee sales of at least 50 million handsets, with a consensus of 55.3 million units that would represent a 16 percent increase in sales from the year-ago quarter. The panel consists of 27 professional and 17 independent analysts.

Merill Lynch's Scott Craig is the most bullish of the professional group with an estimate of 58.5 million units, while Pacific Crest's Andy Hargreaves brings up the rear with 50.93 million.

The list is bookended by independent analysts with a connection to the Braeburn Group, a loose affiliation of amateur Apple watchers led by Faizal Kara's 59.73 million unit projection. Ilari Scheinin presents the bear case with an even 50 million units.

While the first quarter does not include sales from the long-awaited China Mobile partnership, it does include those from another new Asian carrier partner, Japan's NTT DoCoMo. Apple will reveal their final numbers on Jan. 27.

We will have a better idea after Verizon numbers tomorrow. Until then, its very speculative.

Not so sure about that. When Apple reported that blowout quarter in Jan 2012 I remember the clowns on CNBC being shocked at how good it was, because they had been using AT&T and Verizon as a gauge. Don't think that works anymore with so much of Apple's sales coming from overseas.